Bail Money

(CNSNews.com) – Rep. John Conyers (D-Mich.), the ranking member of the House Judiciary Committee, said on Thursday that the nation’s current debt of $16.7 trillion is “not endangering” the country, adding that “some debt is not a bad idea” and that he and other congressional Democrats “don’t think there’s a problem.”

Conyers and other liberal Democrats spoke at a Capitol Hill press conference about their initiative to compel Congress to cancel the across-the-board budget cuts (sequester) of $1.2 trillion over 10 years, which actually are reductions in the rate of increase in federal spending and amount to $44 billion for this year. […]

Conyers said, “Let me let you understand, first of all, that the debt is not endangering us a bit — not at all. Our economists say we’re in debt but it’s not endangering everything. As a matter of fact, there are economists that say some debt is not a bad idea at all.”